Company Overview
HABAMBA INTRA-AFRICA INTERNATIONAL (HIATI), formerly known as Abia International Industrial City (ABIIC) is an emerging real estate developer and construction firm based in Nigeria, West Africa, with a team of highly experienced professionals. We specialize in developing and delivering high-quality residential, commercial, and industrial projects that meet the evolving needs of International market.
The Habamba Intra-Africa Trade and Industrial City Project is an initiative aimed at promoting intra-African trade and industrialization. Here are some key points about the project:
Objectives
1. Boost Intra-African Trade: Enhance trade among African countries by creating a centralized hub for trade and commerce.
2. Industrialization: Foster industrialization by providing infrastructure and support for manufacturing, processing, and value addition.
3. Economic Growth: Contribute to economic growth, job creation, and poverty reduction in Africa.
Location
The project is located in Aba, an industrial and commercial town in the South Eastern part of Nigeria.
Features
1. Industrial Park: A designated area for manufacturing, processing, and assembly of goods.
2. Trade Center: A facility for trade exhibitions, conferences, and business meetings.
3. Logistics and Transportation Hub: A center for cargo handling, storage, and transportation.
4. Business Incubation Center: A facility to support start-ups and small businesses.
Benefits
1. Increased Trade: Enhanced trade among African countries, reducing reliance on external markets.
2. Job Creation: Creation of employment opportunities in manufacturing, trade, and services.
3. Economic Diversification: Diversification of the Nigerian economy, reducing dependence on oil exports.
4. Regional Integration: Promotion of regional integration and cooperation among African countries.
Status
The project is currently under development, with various stakeholders, including government agencies, private sector investors, and international organizations, working together to bring it to fruition.
Challenges
1. Infrastructure Development: The need for adequate infrastructure, including roads, electricity, and water supply.
2. Funding: Securing sufficient funding to support the project’s development and operation.
3. Policy and Regulatory Framework: Establishing a supportive policy and regulatory framework to facilitate trade and investment.
Overall, the Habamba Intra-Africa Trade and Industrial City Project has the potential to contribute significantly to Africa’s economic growth and development by promoting intra-African trade and industrialization.
